Ethereum
In the world of crypto, Ethereum is the source of innovation, where DeFi, NFTs, Layer 2, and numerous new technologies were created. One of its co-founders, Vitalik Buterin, is a key opinion leader in the crypto world. Ethereum launched a series of important upgrades to transition from proof-of-work (PoW) to proof-of-stake (PoS), which may help to break down the Blockchain Scalability Trilemma and makes Ethereum a “ultra-sound money”.
This article reexamines some core issues in the current ETH ecosystem, such as Restaking, AVS, and Liquid Restaking tracks, and predictively provides a comparative risk and return assessment framework.
Liquity is a decentralized lending protocol that allows users to borrow a stablecoin called LUSD (pegged to the US dollar) using Ethereum as collateral. It also introduces a fully redeemable stablecoin, LQTY. The protocol, designed by Robert Lauko, aims to offer a more capital-efficient and lower-risk alternative to existing systems like MakerDAO.
This article delves into the latest updates in public blockchain platforms like Ethereum, highlighting innovations in the execution, data availability, and settlement layers. Notable are projects like Monad, Sei, and MegaETH that introduce parallel EVM technologies to enhance the execution layer. Ethereum's cost-efficiency improvements via CallData updates and the progression of projects like Celestia and Avail in the DA layer are also discussed. Furthermore, new competitors in the settlement layer, such as Nebra, are emerging with promising, cost-effective solutions based on zero-knowledge proofs. The integration of Bitcoin and CKB into the DA layer and innovative DA strategies leveraging AI are also explored.
Omni Network is an interoperability layer and L1 network on Ethereum, designed to connect various Roll-ups such as Optimism, Arbitrum, zkSync, and Starkware. It employs foundational technology innovations like re-staking via Eigenlayer, the Cosmos SDK, and the Tendermint consensus mechanism to offer a secure, modular, and high-performance Web3 infrastructure. Omni Network supports cross-Rollup interactions, aggregates liquidity, and simplifies user processes. It also introduces a dual-staking model, offers sub-second verification, and integrates with multiple Rollup architectures and applications. Omni Network has completed two rounds of funding, backed by prominent investors such as Pantera Capital, and has conducted a token sale on Binance's launchpool.
Staking ETH is a technical service to ensure transactions on the Ethereum network are processed properly and securely, rather than as an investment subject to securities laws.
The unified architecture of Ethereum refers to its integrated framework that combines the base layer (Layer 1) with various Layer 2 scaling solutions. This architecture aims to balance decentral
EIP-3074 is an Ethereum Improvement Proposal (EIP) that introduces a novel approach to account management. It enables the delegation of control over regular user accounts (EOA) to smart contracts, facilitating more sophisticated transaction strategies. Proposed in 2020 by Ethereum core developers, EIP-3074 introduces two new opcodes, "AUTH" and "AUTHCALL," empowering EOAs to transform into smart contracts without the need to deploy new contracts. The implementation of EIP-3074 aims to enhance the overall user experience for wallet users by enabling gas sponsorship, batch transactions, and wallet asset recovery. While EIP-3074 presents promising advancements, it also raises some concerns such as increasing the risk of user asset theft, and possibly forming a parallel technology stack with the Account Abstraction (AA) proposal EIP-4337, which requires ensuring interoperability between the two.
Ethereum’s shift to a rollup-centric roadmap induced explosive growth in modular scaling designs, eliminating gas fees over $100 and unlocking new application designs. However, it also faces a new problem of state fragmentation. The article analyzes the two major directions of scaling and explores their mechanisms.
Discover the transformative potential of Polymer Labs in blockchain interoperability in this article. Explore how their cutting-edge technology is bridging networks and shaping the future of DeFi and NFTs.
The OMNI network is an interoperability protocol across various Rollups, serving as a Layer 1 public chain and the first AVS (Arbitrum Verifier Shard) on the Eigenlayer. OMNI leverages heavy staking on the Eigenlayer to share Ethereum security and utilizes Byzantine Fault Tolerance (BFT) consensus mechanism to process a high volume of transactions while maintaining low latency.
After EIP-3074, a faulty signature could deplete the balance in your Ethereum account. The article elaborates on how wallets integrate EIP-3074 and explains the specific ways it could make users more vulnerable and the underlying mechanisms, aiming to prevent irreversible mistakes.
Optimism is Ethereum Layer2 based on Optimistic expansion technology. Its vision is to become a world computer, and the settlement layer uses Ethereum. In line with Ethereum's vision of a world settlement layer, it cooperates closely with the Ethereum Foundation.
This article discusses UTXO isomorphic binding (UIB) technology and believes that this is a major innovation in the BTC ecosystem. The key lies in solving the BTC network expansion problem.
Creating your own Rollup requires a relatively deep understanding of blockchain, but the growth of Rollup as a Service (RaaS) providers means you can deploy an L2 Rollup in minutes without writing a single line of code, effortlessly creating a Rollup!
The article discusses the challenges brought by the ever-growing storage demand of Ethereum, particularly the inconsistency in storage behavior among full nodes. To solve this problem, the EIP-4444 and EIP-4844 standardized historical data deletion schemes are proposed. The article introduces the Ethereum Portal network and the EthStorage network as solutions, the former being a lightweight P2P network and the latter an incentivized modular storage network, both aiming to provide decentralized, Ethereum-aligned data storage and access. The article also proposes future development plans, including a decentralized Ethereum state network, proof of storage for dynamic-sized data, and decentralized access from browsers.